Economy

Presenting himself as a genuine alternative to the far-right candidate National Front and free-market candidates Francois Fillon and Emmanuel Macron, left-winger Jean-Luc Melenchon who has surged into third sport in France's presidential race, whose first round is set for April 23. The Left Party's Melenchon pitched himself as the candidate for peace and solidarity across borders at a mass meeting on April 8 attended by 70,000 supporters in Marseille.

The African National Congress (ANC), which led the struggle against Apartheid, has become the key political vehicle, both in party and state form, of corporate capital.

This applies to all capital — domestic and international, black and white, local and national, and includes a range of different “fractions” of capital.

Over the past two decades, it has been the fight on and over this terrain — with some for, some against, some in the middle — that has defined the ANC’s journey since the end of Apartheid in 1994.

A new Amnesty International report Treasure I$land: How companies are profiting from Australia’s abuse of refugees on Nauru, has warned companies considering taking over Australia’s offshore detention centres when Broadspectrum’s contract expires in October that they would be participating in a deliberately abusive regime and would be complicit in “torture”.

According to federal government ministers, Medicare is unsustainable. The aged pension is also unsustainable. The NDIS is unsustainable. Many other social services are unsustainable. However, billions of dollars of tax cuts to big Australian companies are perfectly sustainable.

In the short term, the government will be stealing $5.2 billion from the public purse and handing it over in the form of tax cuts to companies with an annual turnover of up to $50 million. In the medium term the cuts go further and will cost $24 billion.

Ecuador’s Citizens’ Revolution is set to continue for another four years after the candidate for the socialist-leaning ruling party, Alianza Pais, Lenin Moreno, won the April 2 presidential elections run off.

With 51.16% of the vote, Moreno defeated Guillermo Lasso, managing director of Ecuador’s third-largest bank and unsuccessful candidate in the 2013 elections.

If we apply for a loan, we are subject to financial interrogation and if it looks like we will not be able to repay it the lender will not take the risk. It is reasonable to assume the same strict conditions apply when mining companies wish to buy or lease our land.

Newly elected President Lenin Moreno and his Vice-President Jorge Glass.

Progressive candidate and renowned disability activist from the ruling Alianza Pais of outgoing President Rafael Correa, Lenin Moreno has won the Ecuadorian presidential election Sunday.

Chairperson of the Australian Prudential Regulatory Authority (APRA) Wayne Byres recently said that he would not use the “B-word” to describe the housing market, preferring instead to use “heightened risk” rather than housing bubble.

Just weeks after a report highlighted plummeting koala populations, the federal government has given approved for coal seam gas (CSG) company QGC to bulldoze 54 hectares of koala habitat on Queensland's Western Downs.

US President Donald Trump promised to cut through the disarray in the two parties of capitalism in the US by forcing on them a new strongman – himself – who knows how to get things done and make deals.

But the Republican health insurance debacle, with Trump’s replacement to Obamacare being withdrawn due to lack of support in Congress, not only cut him down to size, but represented the triumph of that very disarray over the new president. The strongman proved to be not so strong and the dealmaker could not close the deal.

Environmentalists are outraged that Deputy Prime Minister Barnaby Joyce has called for a review of the protection status of Victoria’s faunal emblem, the critically endangered Leadbeater’s possum, so new logging zones in Victoria’s central highlands can be opened.

Joyce wrote to Victorian Premier Daniel Andrews on March 26, criticising the decision to reduce the logging quota offered to Gippsland’s Heyfield mill operators Australian Sustainable Hardwood (ASH) from 155,000 cubic metres a year to 80,000 cubic metres in 2017–18 and 60,000 cubic metres in the next two years.

When you think of Western capitalism and imperialism, what usually comes to mind are aggressive superpowers such as the US, Britain, France or Germany. Northern European nations such as Norway, Denmark, Finland and Sweden, on the other hand, are seen as good-natured and insular, often used as examples of the way governments around the world should treat their citizens.